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The Dow Jones Industrial Average closed at 9932on 6/4/10, as the stock market tanked on a worse then expected jobs report. While the US gained 440,000 jobs in the month of May, most of those jobs were census worker hires.

The morning began with the Dow Jones Futures up around 30 points but then several rumors surfaced that caused the future to reverse lower. From the country of Hungry being in default to Société Générale possibly having a huge derivatives loss caused stock to decline leading up to the jobs report. At 8:30am EST, we received the jobs report and the Dow Jones Futures were down around 180-200. Late in the trading day, the Dow Jones took another leg lower as investors did not want to hold stocks going into the weekend.

The S&P 500 has support located at 1045-1046, a close below this level and I think we will see a test of 1000. Volatility came back in a big way Friday and I expect next week to be even more volatile.

Friday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 7, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Jones Soda Co. (JSDA) - Shares of Jones Soda Co. continue to be high on my watchlist even as the stock market falls. Resistance is located at $1.94, $2.10 & $2.21. If Jones Soda breaks up through one of these levels, I think it can go to the next.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trend along with the 10 day moving average now located at $15.69. This moving average is now starting to trend higher which is bullish for the stock. If you are looking to get into Bank of America for the long term, wait for the stock to close above It's 200 day moving average located at $16.51. This would be a huge buy signal going forward.

Goldman Sachs Group Inc. (GS) - Shares of Goldman Sachs Group Inc appear to have finally bottomed. Resistance on the upside is located at $145.90 & $150.00. This stock was up most of the day Friday with the stock market lower....very bullish.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS broke support of $23 on Friday and I am now waiting patiently to trade this stock under $21. I am hoping for a big drop on Monday so I can get back into FAS. I'd also add to my position if FAS falls below $20 as well. Buy the dips, sell the rips.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back again on Friday after a huge run up in the past week. Support at $1.11 must hold on the downside.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. are trading near $35 but the big volatility seems to have disipated. At this point, I'd only be buying AIG on a break above $37.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. look very strong right now and the major sellers appear to be long gone. I'd be a buyer of pullbacks under $67.50 with a tight stop located at $66. If we see Baidu trade under $68 again, I think it would be a gift.

Chesapeake Energy Corporation (CHK) - Shares of Chesapeake Energy Corporation have spiked over 20% in the past eight trading sessions. Natural Gas is breaking out to the upside with resistance near $5.00. This spike finally seems to be real which means these natural gas stocks could really start to move. I like pullbacks below $23 on Chesapeake Energy.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices continue to be all over the place but offer huge opportunity. I like pullbacks below $8 and would sell on spikes to $9.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.04, $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. continue to be strong and now have support at $60. I like pullbacks below $60. Research in Motion is a solid long term smartphone stock play and could even be a buyout candidate.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue to drop as bankruptcy appears more and more likely. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55.

The following is a list of the Most Popular OTC, OTCBB, Pink Sheets Stocks going into June 7, 2010. Topping the list today is Washington Mutual Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.

This list is my favorite way to track potential breakout OTC stocks and is not produced anywhere else! It takes into account percentage gainers or losers, volume, and how active the stock has been lately. The higher the rank, the closer I am watching. Check out my Previous Reports

June 4, 2010 - Below is a list of the Top 20 biggest losing stocks today that have decent volume. These stocks are usually going down on bad news. I usually throw these on my watch list and monitor them for a bounce or a potential short trade.

Today, June 4, 2010, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out some of today's biggest gainers and the Top Stocks for 2010. You can find my Past, Current, and Future Stock Gainers Report Right Here

Apple Inc (AAPL) is trading in the $260's today and is in the higher end of the recent range right now. Apple has support at $260 and between $250-$252 on the downside which should hold from here on out. If Apple were to fall back below $250, I'd start adding to my long position again. This iPad is going to be a game changer and is going to be adopted in a big way by business. All major pullbacks are a strong buy!

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd (EXM), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world trade has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 4, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Neurocrine Biosciences Inc. (NBIX) - Shares of Neurocrine Biosciences Inc. were on fire Thursday after the company reported Wednesday that they will be present at an upcoming conference. The stock hit a new 52 week high Thursday on heavy volume...resistance is located at $5.20.

Jones Soda Co. (JSDA) - Shares of Jones Soda Co. finally pulled back but did so with a fight in the am session. Resistance is now $2.10 as well as $2.21. If I see Jones Soda stock break through $2.21, I will buy in a big way for a trade.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back as well on Thursday after a huge run up in the past week. Support at $1.11 must hold on the downside.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trend along with the 10 day moving average now located at $15.65. If Bank of America pulls back below $15 again, it remains a strong buy. I don't expect a sustainable rally until BAC closes above $16.19.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to have resistance around $25 yet pullbacks close to $23 have been bought. I plan to buy FAS if we see another dip below $21. Buy FAZ at your own risk but FAS is the one you want for the long term.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. has really calmed down over the past week but still has major resistance located at $37. I expect a surge when $37 is broken.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are breaking out.....look to buy below $70 now for a bounce trade. I don't think sub $66 is going to happen now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices continue to be all over the place but offer huge opportunity. I like pullbacks below $8 and would sell on spikes to $9.

Goldman Sachs Group Inc. (GS) - Shares of Goldman Sachs Group Inc appear to have finally bottomed. Resistance on the upside is located at $145.90 & $150.00. I'd be a buyer of pullbacks below $136.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.04, $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Alcoa, Inc. (AA) - Shares of Alcoa Inc failed the 10 day moving average over the last two trading sessions. I still love adding on pullbacks below $11. You will be happen 3-6 months from now, maybe sooner!

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. continue to be strong and now have support at $60. I like pullbacks below $60. Research in Motion is a solid long term smartphone stock play and could even be a buyout candidate.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue to drop as bankruptcy appears more and more likely. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55.

Ford (NYSE:F) continues to bounce off the 10 day moving average and is what we like to see in a bottoming formation. Ford will have resistance on the upside at the previous high which was $12.08 as well as the 50 day moving average located at $12.72. Pullbacks below $11 are a strong buy.

BP plc (BP) stock is bouncing yet again in pre market this morning as we prepare for the jobs report. BP has resistance located at Thursday's high of $39.41 as well as the crashing 10 day moving average currently located at $41.70. BP has support on the downside located at $37 as well as $35. A break below $35 at any time would be very bearish and I'd be moving to the sidelines.

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 4, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Neurocrine Biosciences Inc. (NBIX) - Shares of Neurocrine Biosciences Inc. were on fire Thursday after the company reported Wednesday that they will be present at an upcoming conference. The stock hit a new 52 week high Thursday on heavy volume...resistance is located at $5.20.

Jones Soda Co. (JSDA) - Shares of Jones Soda Co. finally pulled back but did so with a fight in the am session. Resistance is now $2.10 as well as $2.21. If I see Jones Soda stock break through $2.21, I will buy in a big way for a trade.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back as well on Thursday after a huge run up in the past week. Support at $1.11 must hold on the downside.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trend along with the 10 day moving average now located at $15.65. If Bank of America pulls back below $15 again, it remains a strong buy. I don't expect a sustainable rally until BAC closes above $16.19.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to have resistance around $25 yet pullbacks close to $23 have been bought. I plan to buy FAS if we see another dip below $21. Buy FAZ at your own risk but FAS is the one you want for the long term.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. has really calmed down over the past week but still has major resistance located at $37. I expect a surge when $37 is broken.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are breaking out.....look to buy below $70 now for a bounce trade. I don't think sub $66 is going to happen now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices continue to be all over the place but offer huge opportunity. I like pullbacks below $8 and would sell on spikes to $9.

Goldman Sachs Group Inc. (GS) - Shares of Goldman Sachs Group Inc appear to have finally bottomed. Resistance on the upside is located at $145.90 & $150.00. I'd be a buyer of pullbacks below $136.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.04, $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Alcoa, Inc. (AA) - Shares of Alcoa Inc failed the 10 day moving average over the last two trading sessions. I still love adding on pullbacks below $11. You will be happen 3-6 months from now, maybe sooner!

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. continue to be strong and now have support at $60. I like pullbacks below $60. Research in Motion is a solid long term smartphone stock play and could even be a buyout candidate.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue to drop as bankruptcy appears more and more likely. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55.

Citigroup Inc (NYSE:C) is now trapped between the 10 & 200 day moving averages. Citigroup Inc has resistance located between $4.05-$4.07 with support between $3.80-$3.85. I will be a buyer of Citigroup Inc below $3.80. If you are looking for a less risky trade, wait to buy Citigroup when it closes back above the 50 day moving average located at $4.26. Stock that regain all three major moving averages tend to start a new uptrend.

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 4, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Neurocrine Biosciences Inc. (NBIX) - Shares of Neurocrine Biosciences Inc. were on fire Thursday after the company reported Wednesday that they will be present at an upcoming conference. The stock hit a new 52 week high Thursday on heavy volume...resistance is located at $5.20.

Jones Soda Co. (JSDA) - Shares of Jones Soda Co. finally pulled back but did so with a fight in the am session. Resistance is now $2.10 as well as $2.21. If I see Jones Soda stock break through $2.21, I will buy in a big way for a trade.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. pulled back as well on Thursday after a huge run up in the past week. Support at $1.11 must hold on the downside.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trend along with the 10 day moving average now located at $15.65. If Bank of America pulls back below $15 again, it remains a strong buy. I don't expect a sustainable rally until BAC closes above $16.19.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to have resistance around $25 yet pullbacks close to $23 have been bought. I plan to buy FAS if we see another dip below $21. Buy FAZ at your own risk but FAS is the one you want for the long term.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. has really calmed down over the past week but still has major resistance located at $37. I expect a surge when $37 is broken.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are breaking out.....look to buy below $70 now for a bounce trade. I don't think sub $66 is going to happen now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices continue to be all over the place but offer huge opportunity. I like pullbacks below $8 and would sell on spikes to $9.

Goldman Sachs Group Inc. (GS) - Shares of Goldman Sachs Group Inc appear to have finally bottomed. Resistance on the upside is located at $145.90 & $150.00. I'd be a buyer of pullbacks below $136.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.04, $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Alcoa, Inc. (AA) - Shares of Alcoa Inc failed the 10 day moving average over the last two trading sessions. I still love adding on pullbacks below $11. You will be happen 3-6 months from now, maybe sooner!

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. continue to be strong and now have support at $60. I like pullbacks below $60. Research in Motion is a solid long term smartphone stock play and could even be a buyout candidate.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue to drop as bankruptcy appears more and more likely. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55.